Robinhood Derivatives' Bitcoin Price Prediction Contract Set for August 17, 2026
Roger, a trader, knows about the August 17, 2026, contract offered by Robinhood Derivatives. The contract is based on Bitcoin's price at 7pm EDT and will pay out if it reaches or surpasses certain thresholds.
The specific prices that trigger payouts are $64,200 or above, where a trader gets $87¢ for each contract; $64,300 or above, where they get $43¢; and $64,400 or above, which is worth $9¢. Any price below these marks will result in no payout.
The contract resolution occurs within one hour of the event's conclusion, with prices determined by CF Benchmarks' Real Time Index (RTI). The final value is an average of 60 collected RTI prices at the last minute before expiration.